https://www.taxtmi.com/caselaws?id=464419 In block assessment under Chapter XIV-B, only undisclosed income supported by evidence found during search, or material directly relatable to that evidence, can be assessed; additions based solely on regular books, legal interpretation of exemptions, or post-search enquiries fall outside the block assessment and were deleted. Interest under section 158BFA(1) was treated as mandatory simple interest with no discretion to waive or reduce it and was sustained. Surcharge was also held to follow the applicable charging framework and was not deleted. The result was mixed, with major additions removed for lack of search-linked evidence but interest and surcharge upheld. en-us Fri, 09 Apr 2010 00:00:00 +0530 Wed, 29 Oct 2025 18:39:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464419 In block assessment under Chapter XIV-B, only undisclosed income supported by evidence found during search, or material directly relatable to that evidence, can be assessed; additions based solely on regular books, legal interpretation of exemptions, or post-search enquiries fall outside the block assessment and were deleted. Interest under section 158BFA(1) was treated as mandatory simple interest with no discretion to waive or reduce it and was sustained. Surcharge was also held to follow the applicable charging framework and was not deleted. The result was mixed, with major additions removed for lack of search-linked evidence but interest and surcharge upheld. Case-Laws Income Tax Fri, 09 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464419